BSE:517080

Stock Analysis Report

High Ground Enterprise

Executive Summary

High Ground Enterprise Ltd. primarily engages in construction and engineering business in India and internationally.


Snowflake Analysis

Excellent balance sheet and slightly overvalued.

Share Price & News

How has High Ground Enterprise's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 517080 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

517080

-5.5%

IN Construction

-3.5%

IN Market


1 Year Return

-93.6%

517080

-7.5%

IN Construction

5.2%

IN Market

Return vs Industry: 517080 underperformed the Indian Construction industry which returned -3.9% over the past year.

Return vs Market: 517080 underperformed the Indian Market which returned 6.4% over the past year.


Shareholder returns

517080IndustryMarket
7 Day0%-5.5%-3.5%
30 Day-10.4%-10.8%-3.9%
90 Day-4.4%-9.3%-2.1%
1 Year-93.6%-93.6%-6.3%-7.5%7.2%5.2%
3 Year-98.4%-98.5%6.0%2.1%18.9%12.4%
5 Year-98.6%-98.6%-0.7%-6.3%29.4%17.7%

Price Volatility Vs. Market

How volatile is High Ground Enterprise's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is High Ground Enterprise undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 517080 (₹0.43) is trading below our estimate of fair value (₹1.05)

Significantly Below Fair Value: 517080 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: Insufficient data to calculate 517080's PE Ratio to determine if it is good value compared to the Construction industry average.

PE vs Market: Insufficient data to calculate 517080's PE Ratio to determine if it is good value compared to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 517080's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: Insufficient data to calculate 517080's PB Ratio to determine if it is good value.


Next Steps

Future Growth

How is High Ground Enterprise forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

16.6%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as High Ground Enterprise has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has High Ground Enterprise performed over the past 5 years?

17.3%

Historical Capital Goods annual earnings growth


Earnings and Revenue History

Quality Earnings: Insufficient data to determine if 517080 has high quality earnings.

Growing Profit Margin: Insufficient data to determine if 517080's profit margins have improved over the past year.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if 517080's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare 517080's past year earnings growth to its 5-year average.

Earnings vs Industry: Insufficient data to determine if 517080's earnings growth over the past year exceeded the Construction industry average.


Return on Equity

High ROE: 517080 has a negative Return on Equity (0%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is High Ground Enterprise's financial position?


Financial Position Analysis

Short Term Liabilities: Insufficient data to determine if 517080's short term assets cover its short term liabilities.

Long Term Liabilities: 517080 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: 517080 is debt free.

Reducing Debt: 517080 has no debt compared to 5 years ago when its debt to equity ratio was 32.6%.


Balance Sheet

Inventory Level: Insufficient data to determine if 517080 has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if 517080's debt is covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 517080 has been profitable on average in the past, therefore cash runway is not a concern.

Forecast Cash Runway: Insufficient data to determine if 517080 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is High Ground Enterprise's current dividend yield, its reliability and sustainability?

23.26%

Current Dividend Yield


Dividend Yield vs Market

company23.3%marketbottom25%0.6%markettop25%2.7%industryaverage1.5%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: 517080's dividend (23.26%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).

High Dividend: 517080's dividend (23.26%) is in the top 25% of dividend payers in the Indian market (2.63%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 517080 has been paying a dividend for less than 10 years.

Growing Dividend: 517080's dividend payments have increased, but the company has only paid a dividend for 7 years.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.1yrs

Average management tenure


CEO

Sandeep Arora (47yo)

7.8yrs

Tenure

₹4,800,000

Compensation

Mr. Sandeep Ramkrishna Arora has been Managing Director of High Ground Enterprise Ltd. since April 28, 2012. Mr. Arora serves as the Chairman of the Board of High Ground Enterprise Ltd. and has been its Di ...


CEO Compensation Analysis

Compensation vs Market: Sandeep's total compensation ($USD0.00) is below average for companies of similar size in the Indian market ($USD49.94K).

Compensation vs Earnings: Insufficient data to compare Sandeep's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Sandeep Arora
Chairman & MD7.8yrs₹4.80m1.05% 521.2k
Arun Tyagi
Chief Executive Officer of M&A Division4.1yrsno datano data
Nadish Bhatia
Head of Marketing0yrsno datano data
Aditi Rane
Head of HR & Additional Director0.3yrsno datano data
Priya Mehrotra
Chief General Manager0yrsno datano data
Aashutosh Dixit
Executive Director0.8yrsno datano data
Harsh Priyadarshy
Chief Executive Officer of IB Division1.7yrsno datano data

4.1yrs

Average Tenure

47yo

Average Age

Experienced Management: 517080's management team is considered experienced (4.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

High Ground Enterprise Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: High Ground Enterprise Ltd.
  • Ticker: 517080
  • Exchange: BSE
  • Founded: 1986
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: ₹49.500m
  • Shares outstanding: 115.12m
  • Website: https://www.highgroundenterprise.com

Number of Employees


Location

  • High Ground Enterprise Ltd.
  • Om Heera Panna Mall
  • Office No. 2, 2nd Floor
  • Mumbai
  • Maharashtra
  • 400053
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
517080BSE (Mumbai Stock Exchange)YesEquity SharesININRSep 1999
HIGHGROUNDNSEI (National Stock Exchange of India)YesEquity SharesININRSep 1999

Biography

High Ground Enterprise Ltd. primarily engages in construction and engineering business in India and internationally. It operates through Engineering, Procurement, and Construction Management; Media, Consulting and Allied Services; and Mining segments. The company provides engineering, procurement, and construction management services for oil and gas, water sources/hydro projects, waste management, and infra and support services/consulting sectors. It is also involved in the content development and integration activities, such as development and acquisition of finished or unfinished content for theatrical, film and TV/IPTV broadcast, and online; integration of content with value added services; and distribution of content/IPR. In addition, the company engages in the post-production and technical media activities, including editing, VFX/animation, grading, special effects, sound mix and packaging; stereoscopy/2D-3D conversion; and restoration, archival, migration, encoding, transcoding, compression and authoring, and standards and format conversion, as well as exploration and mining of natural resources and stone mining. Further, it is involved in the wholesale of electric and electrical machines, tools, hardware materials, industrial and commercial goods, consumer and house-hold goods, agricultural goods and products, plastic items, acrylic items, acrylic, medicine, general merchandise, iron and steel products, merchandise and equipment, building products, construction materials, nylon synthetics, packing materials, paper boards, pulp products, jewelry, diamonds, precious metals, groceries, and any other goods or merchandise. The company was formerly known as Woo Yang Electronics (India) Limited and changed its name to High Ground Enterprise Ltd. in 2010. High Ground Enterprise Ltd. was incorporated in 1986 and is based in Mumbai, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/26 12:37
End of Day Share Price2020/02/17 00:00
Earnings2018/03/31
Annual Earnings2018/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.